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Practical tips to Score 60+ in CA Inter EIS-SM

Practical tips to Score 60+ in CA Inter EIS-SM

The CA inter exams seem to be far but do not get the misconception of avoiding the syllabus of the exams. You may think that you can prepare within a month or two months before the actual exams but this is the biggest myth. You must prepare for the exams since the very beginning of the year only then you will be able to clear the exams with good marks. You must ensure every minute that you can spend on studies you certainly should. Time runs too fast that you would never even realize how fast it flew away. So, let us now have a glance at a few tips that help you throughout the preparation process and help you pass the most terrified paper of the CA intermediate exam.

 

How to study EISM

First of all understand that EISM is not a very tuff subject and with proper guidance and planning it can be handled easily.

Conceptual study and understanding along with regular revision is must. Without Conceptual clarity it would be tuff for you to recall the contents in EISM subject. With Conceptual understanding one can easily understand the Theory questions and solve them easily.

SM is considered as scoring and easy while the EIS is difficult to learn and retain.

Do not miss the obvious –The ICAI study material is the go-to place for you. All that needs to be learnt is mentioned thoroughly in the same.

Do not procrastinate – Cramming in the last minute means lesser retention and more panic.

Do not ignore the diagrams and flowcharts – Top scorers vouch for graphical presentation of answers. This is one of the best ways to ensure great marks especially in EIS.

 

Weightage and No. of Revision

Chapter No.

Chapter Name

Marks  weightage

No of revision required

 

Section-A: Enterprise Information Systems

 

 

  1.  

Automated business processes

15

3

  1.  

Financial and accounting systems

10

2

  1.  

Information systems and its components

12

3

  1.  

E-commerce, m-commerce and emerging technologies

10

3

  1.  

Core banking systems

10

3

 

Section-B: Strategic Management

 

 

  1.  

Introduction to Strategic Management

6

2

  1.  

Dynamics of Competitive Strategy

10

3

  1.  

Strategic Management Process

8

3

  1.  

Corporate Level Strategies

8

3

  1.  

Business Level Strategies

6

2

  1.  

Functional Level Strategies

10

3

  1.  

Organisation and Strategic Leadership

7

2

  1.  

Strategy Implementation and Control

12

3

 

Study Plan/ ABC Analysis

 

Easy and less no. of points

Medium and scoring

Little typical

E-commerce, m-commerce and emerging technologies

 

Introduction to SM, Strategy Implementation and Control

Automated business processes, Core banking, financial accounting

 

Dynamics of Competitive Strategy, Strategic Management Process, Functional Level Strategies

Information system and its component

 

Corporate Level Strategies, Business Level Strategies, Organisation and Strategic Leadership

 

2nd preference in revision

 

Most scoring part, 1st preference in study

 

Multiple Revision required, more time consuming

 

Best Method to study EIS-SM–Write name of the topic on your notebook, and then write as many points of that topic as you can cover. You may write only keywords because it was experienced that repetition revision of chapters only work when you try to remember through writing on notebook (at least keywords). It helps to retain key points for long time.

 

More scoring part

Strategic management part and MCQ will be most scoring part. We don’t have to lose marks here. Then definition question of EIS can be scoring. In EIS - E-commerce, m-commerce and emerging technologies can be proved to be scoring.

 

Past trendingQuestions

 

Do all chapter are important and all chapters has same weightage in short you can do In Enterprise Information systems most scoring and easiest topic is Flowchart and Decision Table. A question covering 8 marks is generally seen in every paper.

Computing technologies likes Cloud Computing, Grid Computing, Mobile Computing, Green Computing and BYOD etc.

SWOT and TOWS analysis

Porter Five force model

Preparing Flow Charts, Data flow Diagram

Integrated and Non-Integrated systems

Business Process Re-engineering and Benchmarking

Application system, operating system, Data system, Networking and communication systems

 

Which questions to attempt first

 

Start with SM and MCQ part, EIS can stressful in starting. Your target should be to complete MCQ portion in first 20 minutes and leave those MCQ’s where you are confused. After that, give 60 to 75 minutes for SM subject questions. At the end tackle with EIS part and first attempt selective questions which are easy.

 

 

Important Questions/Amendments

 

Some important points are additionally added in EIS part. You have to refer latest ICAI study material to cover those points.

 

From which chapter to start preparing

 

Every single chapter has its equal weightage in EISM so you can’t skip anyone but you must devote most of your time In Enterprise Information systems most scoring and easiest topic is Flowchart and Decision Table. A question covering 8 marks is generally seen in the paper. Most of the times the question arrives in the exam paper from the ICAI material either the study material or the practice manual.

 

Correct order to attempt paper

 

It's not really necessary to attempt full 100 marks paper. Even a 80 to 85 marks paper can give you good marks. I'd say theory papers should be attempted as much as you can but this does not mean that you are going to write anything or everything you know. Quality matters rather than quantity.

Be confident in what you write. Do not get confused or try to confuse the examiner. And sometimes papers are set too lengthy that you'd not be able to attempt whole of it. In that case, questions of which you know the answers really well and you have the confidence to fetch full or nearly full marks should be attempted.

So it's not about attempting the full examination paper but delivering the best you know, such that it hits the examiner right and you score good.

 

Common Mistakes / Tips

 

Pay attention to headings and subheadings –These denote the core of the content. Remembering concepts heading-wise will help you structure your answers better

  1. Make your answers sharp and rich in content.
  2. Include as many diagrams and tables in EIS when you write; this conveys more in less time.
  3. Giving relevant examples from current business scenarios in the subject of strategic management will convey the depth of your understanding. Always keep real-life examples in mind while preparing.
  4. Avoid generic explanations and be technical in your answer. Use of appropriate terms while answering conveys your knowledge and leaves a good impression on the examiner.
  5. RTPs and MTPs help a great deal. They are a rich source of potential questions.

Do not ignore the diagrams and flowcharts – Top scorers vouch for graphical presentation of answers. This is one of the best ways to ensure great marks especially in EIS.

The problems generally faced by the students is lack of revision which makes them blank in the exam even after studying alot,  so revise it daily.

Command on the language matters alotspecially in EIS and SM. Presentation must be good enough to get the marks. Practice writing answers at home and match them with the institute material or suggested answers.

 

Allotment of time between EIS and SM

Time has a major role, both in preparation of CA Intermediate exam as well as during the examination. Starting early is a major advantage, as you are able to cover more ground than others. Keeping in mind that EIS would need more time for preparation, dividing your time in a 40-60 ratio between Strategic Management and EIS would help.

Spend more time in each chapter in the beginning of your preparation. As the countdown starts, revise already touched topics and spend maximum time revising towards the end, perfecting what you already know.

 

Past trend Chapters

 

Section-A: Enterprise Information Systems

 

 

Automated business processes

12

8

Financial and accounting systems

10

12

Information systems and its components

14

11

E-commerce, m-commerce and emerging technologies

14

12

Core banking systems

12

14

Section-B: Strategic Management

 

 

Introduction to Strategic Management

9

7

Dynamics of Competitive Strategy

12

9

Strategic Management Process

2

5

Corporate Level Strategies

7

9

Business Level Strategies

7

5

Functional Level Strategies

9

12

Organisation and Strategic Leadership

7

6

Strategy Implementation and Control

10

8

 

 

The crucial subject that requires your complete attention

The subject has two types of categories in the syllabus, for example, EIS (Enterprise Information Systems) and strategic management. You must understand how Enterprise information systems support strategic management will help you gain an understanding of the process. It is believed that CA inter exams more difficult than cracking CA-IPCC so make sure you are a hundred percent prepared for the examinations.

 

How the things you should manage for the CA inter EIS-SM

 

Approach- The EIS-SM paper requires a different approach to be cleared since everything cannot be tackled with the same approach and same way.  It is best that you start with SM and then come with EIS since they both are easier to grasp and score well. The subject should be prepared well and will give you the confidence to give the exam.  You can also take the help of the CA test series that provide the videos of the best professors for the online preparation of the CA intermediate exam. 

 

Time scheduling- The paper EIS-SM already has a lengthy syllabus that requires time that is why it is better that you start early. You can take advantage of using the time as much as you can to prepare well in the exams. Manage how much time you require for the EIS and how much time to SM. Prepare the syllabus in advance and use the remaining time to only revise the topics you have already prepared. Also, do not forget to go through the Online Test Series for CA.

 

Important Topics that you must study well for the examinations

Enterprise Information Systems

  • Automated Business Process
  • Financial and Accounting Systems
  • Core Banking System
  • E-Commerce, M-Commerce and Emerging Technologies
  • Information System and its components

 

Strategic management 

  • Strategy Implementation and Control.
  • Organization Strategic Leadership
  • Strategic Management Process
  • Corporate Level Strategy
  • Business level strategies.
  • Dynamics of Competitive Strategy
  • Introduction to Strategic Management
  • Functional level strategies

 

Some Important Points that you can follow while you are giving exams

  • Make your answers crisp and up to the point. Avoid unnecessary explanations.
  • Make diagrams, flowcharts and tables as many as you can since they pass your message in a better way and take less time.
  • Try to attempt those questions first which have complete knowledge about.
  • Try to make your answers more technical than generic since they display how well-prepared you are and leaves good impact on the examiner.
  • Use the relevant example of the real-life scenarios in strategic management so that the examiner can know your deep understanding and knowledge of the subject.

Following the above tips, you can easily pass the CA inter EIS-SM exam and score well. CA Test Series will help you get through the examinations with ease and comfort. You just need to keep calm and prepare well for the examinations.

 

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